When purchasing a rental in 2025, deciding on ownership structure (e.g., joint ownership vs.

Yes you can find properties which you will be able to purchase, but ROI will be near zero or negative. 

Quote from @Srikanth Kumar: Hi Everyone,I’m relatively new to long-distance investing and am exploring the purchase of multifamily properties in Cleveland.

The property is being purchased at 103 with an ARV of 375.

You can also let a tenant pay the lien/encumbrance off.I can swap a lien I payoff for an interest in title.Material and workmen's liens can be financed at full face value after being purchased at a discount by a clean-up contractor (one hired to complete unfinished work). 

The latest red flag is his belief he purchased a "fully renovated" property in Philadelphia for $115K.

Purchase price: $2,400,000 Sold a single-family home and did a 1031-exchange into a 5-unit building at a cheaper price.

Hopefully, you find it helpful and qualifies us to assist you with your goals:)---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Picture if we negotiated a home purchase they way they do these deals, lol.

If you are looking to just calculate profitability, set how much profit you want to make then:ARV - Purchase Costs - Holding Costs - Selling Costs - Desired Profit - Rehab Budget (including contingency) = Maximum Allowable OfferIF you cannot calculate those numbers, a spreadsheet isn't going to help you.